Will's Blog: Fermi, a data center REIT co-founded by Rick Perry, aims to raise $550M in its IPO at a $13.16B valuation, offering 25M shares priced between $18 and $22 each (Arasu Kannagi Basil/Reuters)

27 September 2025

Fermi, a data center REIT co-founded by Rick Perry, aims to raise $550M in its IPO at a $13.16B valuation, offering 25M shares priced between $18 and $22 each (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters:
Fermi, a data center REIT co-founded by Rick Perry, aims to raise $550M in its IPO at a $13.16B valuation, offering 25M shares priced between $18 and $22 each — Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is targeting a valuation of up to $13.16 billion …

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